'The new notes contain the same world-leading security benefits as the $5 note, including a clear top-to-bottom window, and a tactile feature so that it can be recognised by vision-impaired members of the community," he said in his opening statement to the House of Representatives Standing Committee on Economics.

To ensure that the new banknotes can be used in day-to-day transactions across the country - including depositing machines - the Reserve Bank has been working with cash handlers, businesses and machine manufacturers in the lead up to the launch.

Dame Mary Gilmore and AB ‘Banjo’ Paterson will feature on the note.Source:Supplied